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More Unconventional Resources News

WPX gauges Piceance horizontal Niobrara gas find

Jan 23, 2013

WPX Energy Inc., Tulsa, has revealed a horizontal Niobrara shale gas discovery in the Piceance basin of Colorado that the company said has the potential to ultimately more than double its current 18 tcf equivalent of proved, probable, and possible reserves.

Gulfport sees high liquids yields at Ohio Utica shale wells

Jan 23, 2013

Gulfport Energy Corp., Oklahoma City, reported production test results on two operated Utica shale wells in eastern Ohio.

Continental nearly doubles Bakken reserves

Jan 23, 2013

Continental Resources Inc., Oklahoma City, the top producer and leaseholder in the Williston basin Bakken play, said it increased its end-2012 proved reserves 54% to 785 million bbl of oil equivalent, 72% oil.

Magnum Hunter plans at least four Utica test wells in Ohio

Jan 22, 2013

Magnum Hunter Resources Corp. said it intends to drill a minimum of four Utica test wells in Ohio this year. If results are similar to those experienced by offset operators in the area, then further development on the leasehold position is planned later in the year.

Petrocarabobo heavy oil well starts flow

Jan 17, 2013

Production of extra heavy crude oil began late in December from the first well operated by the Petrocarabobo joint venture in the Orinoco oil belt of Venezuela.

Southeastern Turkey trends under exploration

Jan 16, 2013

Calik Enerji has spudded Giremir-1, initial exploratory well on the Sinan license in southeastern Turkey, said Anatolia Energy Corp., Calgary.

Apache would replace diesel with gas on frac jobs

Jan 10, 2013

Apache Corp., Houston, said it has partnered with Halliburton and Schlumberger to find ways to use natural gas to power hydraulic fracturing, one of the most energy-intensive processes employed by the industry.

Alberta Oilsands reports solvent-SAGD step

Jan 10, 2013

Alberta Oilsands Inc., Calgary, has responded to the last request from Alberta officials for supplementary information in its application for a pilot project to produce bitumen with solvent-steam injection at its Clearwater acreage in northeastern Alberta.

Southern Pacific shipping dilbit by rail

Jan 10, 2013

Southern Pacific Resources Corp. said rail shipments have begun of diluted bitumen (dilbit) produced at its STP-McKay thermal oil sands project in Alberta to a terminal in Mississippi as production at the project ramps up (OGJ Online, Oct. 11, 2012).

Companies cite natural gas prices in mixed third-quarter earnings

Dec 24, 2012

Companies included in an OGJ sample of US-based producers and refiners reported mixed third-quarter earnings, and the biggest company, ExxonMobil Corp., said declining production along with low US natural gas prices hindered upstream financial performance compared with last year.

The Harper Doctrine

Dec 24, 2012

The day before state-owned CNOOC Ltd. received measured approval from the Canadian government to take over Nexen Inc., an official of the US Department of State was in Nanjing telling China why it should expect resistance while asset-shopping abroad.

OGJ Newsletter

Dec 24, 2012

International news for oil and gas professionals

EPA issues update on 18 fracing study research projects

Dec 21, 2012

The US Environmental Protection Agency released an update on 18 research projects connected to its study of hydraulic fracturing’s possible impacts on drinking water supplies.

IHS study measures economic benefits of unconventional oil and gas production

Dec 20, 2012

A new state-by-state study estimates total unconventional oil and gas production in the Lower 48 will contribute $63 billion in federal, state, and local tax revenues in 2012, with contributions rising to nearly $113 by 2020, said IHS.

Dominion, Caiman Energy II forming midstream joint venture in Utica

Dec 20, 2012

Dominion and Caiman Energy II LLC are forming a $1.5 billion joint venture to provide midstream services to natural gas producers operating in the Utica shale in Ohio and portions of Pennsylvania.  The companies expect to close on the joint venture by Dec. 31.

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Oil & Gas Conferences

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Event Title Date Type

Oil Sands and Heavy Oil Technologies

July 23, 2013

AIPN Internation Conference

October 21, 2013

Deep Offshore Technology International

October 22, 2013

PetroWorld India

October 24, 2013

Deepwater Operations Conference & Exhibition

November 05, 2013